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146 157th St
Calumet City, IL 60409

$800,000 USD

Apartments For Sale  •  14,440 SF

Property Details

  • Property Type Apartments
  • Total Building Size 14,440 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1931
  • Cap Rate 10.95 %
26 Transit Score
61 Walk Score

Highlights

Prime Location: Situated on the Illinois/Indiana border
Solid Construction: All-brick building with newer furnace and brand-new hot water tanks
Modern Updates: Freshly painted units, hardwood floors throughout
Utilities: Separate gas and electric meters for each unit
Strong Rental History: Long-term tenants and consistent cash flow
Upside Potential: Opportunity to add value and increase returns
Cap Rate: 10.95 %

Amenities

  • Heating
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Tub/Shower
  • Carpet
  • Smoke Free
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Hammond Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line)) 5 min - 2.3 mi
Hegewisch Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line)) 6 min - 3.0 mi
AirportDriveWalkDistance
Chicago Midway International 38 min - 23.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 3
Type: Surface
Included in Rent: Yes
Miguel Perea 773-814-6006 Open Path Realty
Miguel Perea 773-814-6006 Open Path Realty